Thursday, June 12, 2008

Is Missouri Losing A-B?

It’s definitely the talk in St. Louis....and throughout the country as well.

Will InBev takeover St. Louis based Anheuser-Busch?

Despite A-B's 148-year family heritage and CEO August Busch IV's recent statements that it's not for sale, the family holds just 4% of voting stock and can't block a takeover.

A takeover of A-B, which has 48.5% of the $90 billion U.S. beer market, would extend a global consolidation trend as the industry faces slower growth and higher costs.

Read the St. Louis Business Journal article about it:
http://stlouis.bizjournals.com/stlouis/stories/2008/06/09/daily59.html?jst=b_ln_hl

Read about St. Louisians’ feelings on the topic:
http://preview.stltoday.com/stltoday/business/stories.nsf/story/42BFDA39A7319A7B86257466004FD539?OpenDocument

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